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FOR IMMEDIATE RELEASE | February 01, 2018

NAFCU Supports FCC Focus on Bad Actors, Calls for More Transparency

FOR IMMEDIATE RELEASE

Washington(Jan. 23, 2018) -- National Association of Federally-Insured Credit Unions (NAFCU) Regulatory Affairs Counsel Ann Kossachev today in a letter to the Federal Communications Commission (FCC) reiterated the associations' support of the agency's efforts totarget illegal robocalls and urged more clarity and flexibility so credit unions can contact their members without fear of violating the Telephone Consumer Protection Act (TCPA).

"NAFCU stresses the importance of targeting the bad actors engaged in such activities while recognizing that small, community-based, cooperative financial institutions, like credit unions, play no part in such illegal communications," said Kossachev. "Credit unions do not harass consumers; their communications are simply an attempt to inform their members regarding essential financial information on their existing accounts."

Kossachev was responding to the agency's request for further clarifications and commentsregarding an earlier rulemaking to allow voice service providers to block certain calls originating from invalid or unassigned numbers, which would help target scam robocalls.

In September 2015, NAFCU entered a suitchallenging the FCC's order on TCPA prohibitions on autodialed calls to account holders. Oral arguments were heard in the case in October 2016 in the U.S. Court of Appeals for the D.C. Circuit; the court could issue a decision at any time.

For full text of the letter, please see attached.

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The National Association of Federally-Insured Credit Unions is the only national trade association focusing exclusively on federal issues affecting the nation's federally-insured credit unions. NAFCU membership is direct and provides credit unions with the best in federal advocacy, education and compliance assistance. For more information on NAFCU, go towww.nafcu.orgor@NAFCUon Twitter.

Falen Taylor